AFP article: US on track to cut deficit by 40% in 2013: CBO

From a Congressional Budget Office forecast:

• estimated the US deficit would fall to 4.0 percent of gross domestic product compared with 7.0 percent in 2012
• said the country’s debt ceiling would likely need to be raised by October or November to keep funding the government

US on track to cut deficit by 40% in 2013: CBO

This isn’t new news and shouldn’t have immediate FX implications